Kamis, 21 Mei 2015

Supply and demand

Law of Supply when the price increase the quantity of goods and service will increase also.
Its mean when the price increase the produsent will produce more of goods because it is the time to create the maximum profit.
Different with the law of demand When the price increase the quantity of goods and service will decrease.
It is because when the price increase many people will reduce their needness because the income will be decrease also when the price is increase so that the people can not fullfil more their needness.
Its show us the expenditure not equal with our income when the price increase.
To make our income become normal as usual we must spent more time to work or get other job, this the alternative to increasing our wage or income.
But after that we have limited time to spent our time for weekend,holiday or just take rest.